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Bernitsas Law Advises Piraeus Bank on EUR 350 Million Bond Issuance

Bernitsas Law Advises Piraeus Bank on EUR 350 Million Bond Issuance

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Bernitsas Law, working with Allen & Overy, has advised Piraeus Bank on its EUR 350 million issuance of senior preferred bonds and on their listing on the Luxembourg Stock Exchange’s Euro MTF market.

"The issuance is part of Piraeus Bank’s strategy to increase its minimum requirements for own funds and eligible liabilities, which is a supervisory requirement for all banks," Bernitsas Law informed.

Bernitsas Law previously advised Piraeus Bank on the EUR 500 million issuance of green senior preferred bonds and their listing on the Euro MTF market (as reported by CEE Legal Matters on November 16, 2021).

The Bernitsas Law team included Partner Nikos Papachristopoulos and Associate Kelly Hatzigaki.